Latino Economic Development Corporation of Washington, D.C. DBA is: Latino Economic Development Center

What their website says about applying

• Last 3 months of bank statements and last month of pay stubs (if self-employed, only bank statements) source
• Government-issued photo identification (driver’s license, passport, etc.) source
• Start your ACE Application Here! source

Phone numbers and addresses are the ones on the lender's own site and the CDFI Fund list. CDFI Atlas does not take applications.

As published on the lender's website on that date, not an offer or a quote. Your rate depends on the lender's review. A missing rate means the pages we read did not state one. For consumer loans we repeat a rate only when the lender states it as an APR (annual percentage rate, which includes fees); otherwise read the lender's own wording and ask for the APR.

Read from 6 pages of the lender's website on 2 Nov 2026. Quotes are verbatim. Extracted with AI help from the pages listed below and checked automatically against them. Not reviewed by a person. Confidence: medium. Some loan programs (ACE, EmPOWER) are run with partners, and Credit Builder and CrediFirst amounts are not fully stated. Terms change — confirm with the lender before applying.

Based on what their website said when we read it on 2 Nov 2026, and what it left out. Something missing here does not mean they don't offer it: ask.

1. What are the smallest and the largest loans you make?
   No loan amounts are stated on their website.
2. What is the APR, including fees, on your credit-builder loans?
   Their website does not state an APR. The APR includes fees, so it is the number to compare.
3. Is there a minimum credit score, and do you consider borrowers with little or no credit history?
   Their website does not say what credit history they accept.
4. Do you need collateral, a business plan or a minimum time in business?
   Their website does not say what they require.
5. Do you offer free coaching or help preparing my application?
   CDFI certification requires development services, such as training or advice, alongside lending.
6. What documents will you need from me, and how long does a decision usually take?
   Their website describes some application steps (above); ask for the full document list.

Write down the answers, who you spoke to and the date, and ask for the terms in writing before you sign.

End-of-year figures from the Form 990 this organisation filed with the IRS for the fiscal year ending September 2023 (tax year 2022; EIN 52-1749216, filed as “LATINO ECONOMIC DEVELOPMENT CORPORATION OF WASHINGTON DC”), taken from the IRS Annual Extract of Tax-Exempt Organization Financial Data (returns processed in 2024). Figures are self-reported to the IRS, not audited by us, and lag one to two years behind today. The lender’s own annual report may show newer numbers. This organisation’s filings on ProPublica Nonprofit Explorer

Filings over time

Total assets grew 18% from Sep 2021 to Sep 2023; notes and loans receivable rose 41%. One row per fiscal year in the IRS extracts of returns processed in 2022, 2023, 2024; “—” = the line was empty or zero on that return (a fund can book its loans on other lines).

Same loan type, nearby, lower stated rate

Certified CDFIs whose head office is within 50 miles of this one and whose own website states a starting rate at least 0.5 points lower for the same loan type. Consumer loans count only where both lenders state an APR. A starting rate is not an offer: ask each lender what you would pay, and check that it lends where you are (credit unions also require membership).

• Small-business loans (this lender states from 6.50%): Neighborhood Impact Investment Fund, Inc. from 5.00% (36 mi, read 2 Nov 2026); Baba's Cooking School LLC dba EatsPlace from 6.00% (1 mi, read 2 Nov 2026)

For comparison, not an offer and not a rating. Past records show what this lender did, not what you would be offered; your rate depends on the loan and on the lender's review. Peer groups and sources: methodology. Form 990 figures: IRS annual extracts (see the Form 990 section). Prime rate: FRED DPRIME. Stated rates: each lender's own website, read on the date shown.

The SBA's public loan data lists 1 SBA-backed approval for Latino Economic Development Corporation of Washington, D.C. DBA is: Latino Economic Development Center in fiscal years 2020–2026 (October 2019 to September 2026):

• 1 7(a) loans as the lender

By fiscal year: FY2020 0 · FY2021 1 · FY2022 0 · FY2023 0 · FY2024 0 · FY2025 0 · FY2026 0.

How this lender was matched in the SBA files: SBA lender ID 0440801: same organisation by name and state, checked by hand (SBA lists “Latino Economic Development Corp.”).

Approved is not the same as paid out: an approved loan can be reduced or never drawn. SBA lists the lender each loan is currently assigned to, which can differ after a merger or loan sale. Latino Economic Development Corporation of Washington, D.C. DBA is: Latino Economic Development Center may also make loans outside SBA programs, which are not counted here, and SBA Microloans are not in these files.

Source: U.S. Small Business Administration, 7(a) & 504 FOIA loan data, files as of 30 Sep 2026, downloaded 3 Nov 2026. Our counts, cancelled approvals left out. How we match lenders.

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